History Of Economic Thought

Course Justification

An understanding of the development of economics as a discipline is necessary for the student to better interpret and understand modern economic thought, tools, and principles.

Course Description

The course explores the origin of the world economy and the comparative economic and social development within this economy. It surveys issues and theories by leading economists from the pre-modern time to the present period

Course Aim

The aim of the course is to enable the student understand the development of economics as a discipline from the pre-historical era to the current times.

Learning Outcomes

By the end of the course unit, students should demonstrate ability to:

·         Explain the historical perspective of the development of economics as an important subject of study.

·         Think rationally and help them develop intellectual capacity

·         Developed the ability for critical analysis of the various school of economic thought.

·         Examine the relevance of the different economic perspectives to policy formulation and implementation in the world economy today.